Ovl

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The firm has now proposed two options -- either Venezuela offers it crude oil in lieu of the dues or adjustments are made with 300,000 to 400,000 barrels per day of crude oil being imported by RIL.......

In the third acquisition in 10 months, state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for about......

ONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for $2.475 billion. The acquisition of the stake in Mozambique's offshore Area 1,......